The Arc Montgomery

Analysis

The Arc Montgomery is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in February 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Arc Montgomery reported income of $4.2m and spending of $5.7m, spending 136% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.0m to $4.2m (-17%), an average of -4.4% a year. The sharpest change came in the year to September 2021, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc Montgomery sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Midlands Housing Alliance Inc ($4.2m), Acadiana Center for the Arts ($4.2m) and Pima Community College Foundation Inc ($4.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $71k (1.2% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $8.3m against liabilities of $1.4m, net assets of $6.9m. It reported 197 employees.